LVMH reported €9.2 billion revenue from its Fashion and Leather Goods business in Q1 2026, down from €10.1 billion last year, impacted by the conflict in West Asia which affected growth during the quarter.

The segment declined 9% on a reported basis and 2% organically, with the conflict having a negative impact, especially in March 2026 after a very positive start to the year.

At the group level, LVMH recorded €19.1 billion revenue in Q1 2026 compared to €20.3 billion in Q1 2025, marking a 6% decline in reported terms but a 1% increase organically.

Louis Vuitton celebrated the 130th anniversary of its legendary Monogram canvas and paid tribute to its iconic bags.

In leather goods, new designs and the reinterpreted version of the iconic Lady Dior had an excellent start.